Tuesday, December 16, 2008

McClatchy shares drop 5 percent Tuesday (updated)

McClatchy (MNI) shares fell 5 percent Tuesday, closing at $1.70 per share. The above chart shows the drop in McClatchy shares over the past year.

UPDATE: All newspaper stocks traded on the NYSE were up except McClatchy.
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UPDATE #2: Shenanigans?
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1 comment:

Anonymous said...

4:05:47 PM Trade 1.7 8800
4:05:44 PM Trade 1.7 19200
4:05:33 PM Trade 1.58 7500

MNI actually closed during regular hours at 1.59. The trade that pushed it to 1.70 was a MOC that traded after hours during the settlement period. The current bid after hours is 1.39.